Adveco Group Inc (ADVV) financial statements (2020 and earlier)

Company profile

Business Address ROOM 1424 BLOCK 3
HUBEI, 050061
State of Incorp. NV
Fiscal Year End December 31
SIC 513 - Apparel, Piece Goods, And Notions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 33 
Cash and cash equivalents 33 
Receivables 82 
Inventory, net of allowances, customer advances and progress billings 697 
Inventory 697 
Other undisclosed current assets 315 
Total current assets: 1,128 
Noncurrent Assets
Property, plant and equipment 895 
Intangible assets, net (including goodwill) 2,418 
Intangible assets, net (excluding goodwill) 2,418 
Other undisclosed noncurrent assets 5,011 
Total noncurrent assets: 8,324 
TOTAL ASSETS: 9,452 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1174
Accounts payable 9444
Taxes payable 49 
Other undisclosed accounts payable and accrued liabilities (877) 
Debt 389 
Due to related parties 17,0354
Other undisclosed current liabilities 1,018 
Total current liabilities: 18,5598
Noncurrent Liabilities
Total liabilities: 18,5598
Stockholders' equity
Stockholders' equity attributable to parent, including: (9,107)(8)
Common stock 4347
Additional paid in capital 2,87029
Accumulated other comprehensive income 256 
Accumulated deficit (12,649)(43)
Other undisclosed stockholders' equity attributable to parent (18) 
Total stockholders' equity: (9,107)(8)
TOTAL LIABILITIES AND EQUITY: 9,452 

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
Revenues 1,65648
Revenue, net48
Cost of revenue (1,463)(18)
Gross profit: 19330
Operating expenses (3,627)(44)
Operating loss: (3,434)(14)
Nonoperating expense
(Other Nonoperating expense)
 (32)(24)
Interest and debt expense (43) 
Loss from continuing operations before equity method investments, income taxes: (3,509)(38)
Other undisclosed income from continuing operations before income taxes 43 
Net loss available to common stockholders, diluted: (3,466)(38)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
Net loss: (3,466)(38)
Other comprehensive income 224 
Comprehensive loss, net of tax, attributable to parent: (3,241)(38)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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